Eye-on-Retail Daily Tipsheet Archives

Costco Photo Center finally back online after security breach forces seven-week outage by Jacob Demmitt at GeekWire. “The Issaquah, Wash.-based big-box retailer says customer photos weren’t compromised in the hack, but the company warns in an FAQ, “At this point, we believe that the credit card information of a small percentage of Costco members was captured.”Read more

Former Amazon VP leaving CIO role at Seattle Police Department after 6 months by John Cook at GeekWire. “It’s not entirely clear why Russell — a native of Scotland who was awarded an $180,000 salary — left. An unnamed source tells The Stranger that the city “took away his workforce.”Read more

Home Depot CFO Carole Tomé Speaks At Women’s Luncheon by Kandice Bell at Times-Herald. “The first time I saw Home Depot was in 1992,” Tomé said. “I stayed in the store for two hours because I loved the energy and thought it was a really cool store.”…“I met with Arthur Blank and told him that I loved the store, but I don’t think I’ll be challenged enough,” said Tomé. “Arthur replied they would give me the opportunity to reach my highest potential.”Read more

Damon Wayans says Tracy Morgan received $90M in Settlement by Snejana Farberov at Daily Mail. “The comic then made a joke that learning of Morgan’s windfall, some people might think to themselves: ‘I wish that a Walmart truck would hit me.’ Morgan’s camp on Friday rushed to dismiss the settlement claims as nothing more than idle gossip.”Read more

Target Slated to Open Second East Long Beach Location in March 2016 by Jason Ruiz at Long Beach Post. “The announcement was made on Facebook by Third District Councilwoman Suzie Price and Mayor Rober Garcia last week. The smaller Target storefront would take over the location that previously housed the Ralph’s supermarket at the “Iron Triangle’”Read more

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Tesco agrees to sell South Korea business in $6 billion deal by Youkyung Lee at AP. Read more

Wal-Mart Tests ‘Upskilling’ by Tamar Jacoby at WSJ. “Wal-Mart store No. 79 looks just like the company’s other “supercenters.” Open 24/7, with some 345 full- and part-time employees, it is a fixture in the heavily blue-collar city of Joplin, Mo. But there is an experiment under way here…The new program, called “Pathways,” delivers instruction in gamelike computer modules—each just two- or three-minutes long…”Read more (Subscription)

Dollar General’s board members appear to be a bunch of true believers by Geert De Lombaerde at Nashville Post. “A couple of days after AutoZone CEO Bill Rhodes spent about $370,000 to pad his stake in Dollar General following the stock’s slip in the wake of the company’s Q2 earnings, fellow director Michael Calbert followed suit — and then some…”Read more

Amazon to release $50 tablet in time for Christmas by Mark Prigg at Daily Mail. “The 6-inch screen tablet will come with a mono speaker and is priced much lower than Amazon’s Fire tablet, the cheapest variant of which is sold at $99. Amazon also plans to release 8-inch and 10-inch screen tablets, the report said.”Read more

Labor shortage could delay online orders by Krystina Gustafson at CNBC. “These agencies themselves are hiring like mad,” Osborne said. “It’s no longer the case where there’s a huge amount of surplus labor sitting around doing nothing.”Read more

Amazon hiring staff for new restaurant division in NYC, Seattle via NY Post. “At least five Amazon employees have updated their LinkedIn profiles in the last five months to indicate they are working for Amazon Restaurants. One of them joined the division from GrubHub.”Read more

Pro-union ads put bulls-eye on Wal-Mart by Chris Bahn at Arkansas Online. “TV markets targeted were Fort Smith/Fayetteville and Little Rock in Arkansas along with Memphis and Tulsa. Facebook users who noted in their profiles that they were Wal-Mart employees were seeing messages touting a link to a page featuring the TV ad.”Read more

Oakland: Whole Foods Bans Security Firm after Guard Beats Shopper Unconscious by Adelle Nazarian at Breitbart. “Zoe Marks, a Seattle native and lecturer in African studies at Edinburgh University posted the “horrific” incident to her social media accounts. According to KQED, she said “people were shouting they were never going to shop at Whole Foods again. Everyone was shocked.”Read more

Eye-on-Retail Tipsheet is created early every weekday morning and read by retail merchants and executives worldwide. We love data, earnings reports, executive presentations and stories off the beaten path that get at what’s really happening in the world of retail. See our website atwww.eyeonretail.net